Product management pdm - Study guides, Class notes & Summaries

ACQ 101 Module 7 Financial Management Guaranteed Success After the budget authority has passed its obligation period, it goes into the expired account for a period of 5 years and cannot be used for new obligations. ️True Anti-Deficiency Act ️Prohibits from involving the government in a contract or obligation for the payment of money before an appropriation is made unless authorized by law. Prohibits against over obligating or overspending an appropriation. Anti-deficiency Act Vio...

ACQ 101 Module 7 & Exam: Financial Management After the budget authority has passed its obligation period, it goes into the "Expired Account" for a period of 10 years and cannot be used for new obligations. *False* After the Congress passes the DoD Appropriations Bill and the President signs it, the Office of Management and Budget (OMB) distributes the Budget Authority to the DoD. What is this distribution called? - Acknowledgment - *Apportionment* - Aggregation - Authorization Bel...

Benefit measurement methods Decision model that compares the benefits obtained from new project requests by evaluating them using the same criteria and comparing the results. Constrained optimization models Decision models that use statistics and other mathematical concepts to assess a proposed project. Cost-benefit analysis benefit measurement. Calculates the cost of producing the result of the project and compares to the financial gain the project will generate. Decision model Method of...

AIPMM EXAM STUDYGUIDE LATEST UPDATE ...

CAPM Practice 215 Questions with Verified Answers John is a project manager for a newly formed project team. The project team has worked hard for last 4 months and has taken very few leaves. John wants to motivate the team members by informing them that he can give a couple of paid leaves if they complete the Phase-1 deliverables on time. Which theory is applied by John to achieve the result? a) Achievement Theory b) Theory Y c) Expectancy Theory d) Contingency Theory - CORRECT ANSWER c...

CAPM Exam 196 Questions with Verified Answers Cost Variance formula - CORRECT ANSWER Earned Value (EV) - Actual Cost (AC) What are the 6 constraints? - CORRECT ANSWER Scope, Risk, Resources, Quality, Schedule, Budget Initiating (Process Group) - CORRECT ANSWER Processes performed to define a new PROJECT or a new PHASE of an existing project Planning (Process Group) - CORRECT ANSWER Processes performed to establish total scope of effort, define and refine objectives, and develop a cou...

AIPMM Exam Questions and Answers 100% Pass Product Management (PdM)? The process of conceiving, planning, developing, testing, launching, delivering, and retiring products in the market Process A series of steps and decision involved in the way work is completed Inputs to a process Material, People, Procedures, Customer Requirements, and Drawings Outputs of a Process A part, a critical dimension, a critical characteristic, communication, date, information ProdBOK A widely accepted set of str...

WGU C176 Business of IT Project Management CompTIA Project (2022/2023) Rated A+ Discounted Cash Flow is the total value of each year's expected cash inflow in TODAY'S DOLLARS NPV is calculated by: subtracting the initial investment from the total of the expected cash inflows stated in today's dollars. ex. if initial is higher than cash flows so NPV is less than zero and project should be rejected Negotiating involves... obtaining mutually acceptable agreements with individuals or groups L...

AIPMM Exam questions and answers 2023Product Management (PdM)? The process of conceiving, planning, developing, testing, launching, delivering, and retiring products in the market Process A series of steps and decision involved in the way work is completed 00:11 01:18 Inputs to a process Material, People, Procedures, Customer Requirements, and Drawings Outputs of a Process A part, a critical dimension, a critical characteristic, communication, date, information...

AIPMM Exam Questions with 100% Correct Answers | Verified | Updated 2024